Luxury Bags
We have already talked about designer clothes, but the same thing applies to their handbags Brands such as Michael Kors and Gucci have suffered and now sell bags with huge discounts since millennials do not seem to be interested in buying their products. Well, not a lot of people have money to spare for such luxuries. Robin Lewis, an industry expert, posted on his blog that this is the “kiss of death for trendy fashion brands, particularly those positioned in the up-market younger consumer sectors”.
Luxury Bags
Home Cooking
A UBS report said, “At scale, ubiquitous on-demand and subscription delivery of prepared food could potentially spell the end of cooking at home.” In this day and age, many young people choose not to cook at home anymore. The same report said that online food delivery will make up ten percent of the food-services market by the time 2030 rolls in. If you do not know how to cook, it is not a problem because it is no longer the norm. No one really cares anymore if you can make an awesome filet mignon.
Home Cooking
